Loss of Profitability Seemingly Related to the Parties’ Separation Ignored

Business Valuation UpdateVol. 4 No. 1
Legal and Court Case Update
January 1998

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1752 Floor Laying and Other Floor Work, NEC
238330 Flooring Contractors
marital dissolution/divorce
fair market value (FMV), book value
Pattinson v. Pattinson (I)
1997 Minn. App. LEXIS 1153
October 14, 1997
US
State Court
Minnesota
Court of Appeals
Parker, Crippen, Short

Summary

On appeal, husband challenges the trial court's finding that the fair market value of his carpet installation business was $35,000. He asserts that the wife's expert valued the business lowe ...

See Also

Pattinson v. Pattinson (I)

Full Text of Court Cases
October 14, 1997

At issue is the valuation of husband's carpet business.